Clipped from: https://www.thehindu.com/business/Economy/government-ropes-in-i-t-department-to-crack-down-on-gst-fraud/article33488214.ece?homepage=true Data being pooled to track evasion, says Finance Secretary. Tightening the noose around fraudsters rigging the Goods and Services Tax (GST) regime, the
Category: Legal
Money trap: At insolvency’s doors, Dhoots forced to exit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/at-insolvencys-doors-dhoots-forced-to-exit/article33485670.ece?homepage=true Vedanta’s takeover of 13 companies offers electronics major Videocon a lifeline, but it may not be enough for the beleaguered group “Whatever role
DHFL bids: Oaktree mulls legal action ‘seeing’ creditors’ ‘bias’ towards Piramal’s offer – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/dhfl-bids-oaktree-mulls-legal-action-seeing-creditors-bias-towards-piramals-offer/article33488461.ece Oaktree Capital is weighing legal action against the lenders of Dewan Housing Finance Corporation Ltd (DHFL) over the resolution process amid initial indications
Speeding up justice delivery in India | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/speeding-up-justice-delivery-in-india-121010300862_1.html Are breakthroughs on this imminent? A couple of times a year I encounter some event that makes me rub my eyes or pinch
A dead end | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/a-dead-end-121010300855_1.html Govt cannot accept extreme demands of farmers Multiple rounds of talks between the protesting farmers and the Union government seem to have made no progress.
Rs 83,000 cr disputed taxes settled as 20% cases opt for Vivad Se Vishwas | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rs-83-000-cr-disputed-taxes-settled-as-20-cases-opt-for-vivad-se-vishwas-121010300473_1.html In a massive clean up of legacy issues, nearly one-fifth of about 5 lakh entities locked in tax litigation with the government have
Labour ministry formalises work from home for services sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/labour-ministry-formalises-work-from-home-for-services-sector/articleshow/80063608.cmsSynopsis Besides, to safeguard the IT industry, the ministry has prescribed involvement in unauthorized access of any IT system, computer network of the employer,
Two Chinese among 4 arrested by Chennai police for running instant loan app – The Financial Express
Clipped from: https://www.financialexpress.com/india-news/two-chinese-among-4-arrested-by-chennai-police-for-running-instant-loan-app/2163011/ The investigation, based on a complaint here, revealed the prime accused to be operating from China Two Chinese and as many Indian nationals
CCPA seeks RBI intervention on banks delaying refund in case of failed transactions – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/ccpa-seeks-rbi-intervention-on-banks-delaying-refund-in-case-of-failed-transactions/articleshow/80057593.cmsSynopsis In a letter to RBI Deputy Governor M K Jain, the Central Consumer Protection Authority (CCPA) Chief Commissioner Nidhi Khare stated that 2,850
Labour Ministry seeks feedback on draft model standing orders for manufacturing, mining, service sectors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/labour-ministry-seeks-feedback-on-draft-model-standing-orders-for-manufacturing-mining-service-sectors/articleshow/80071344.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “These Model Standing Orders will pave the way for the industry harmony in the country as it aim to formalize the service-related matters
Fiscal incongruence: How states and the Centre are failing to come to an agreement over resources – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/fiscal-incongruence-how-states-and-the-centre-are-failing-to-come-to-an-agreement-over-resources/articleshow/80074974.cms Synopsis–Underlying the procedural lapse and its consequences for the finance minister is a far more vexed issue of the fiscal compact between the
FinMin seeks feedback on rationalisation of compliances under various DFS Acts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/finmin-seeks-feedback-on-rationalisationof-compliances-under-various-dfs-acts/article33473849.ece?homepage=true The Finance Ministry has sought feedback from key stakeholders in the financial system on whether compliances under major Acts administered by the Department
Politics of cyber security exposed – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/politics-of-cyber-security-exposed/article33474382.ece?homepage=true Wrong motive: In both cyber intrusion and espionage, the intentions of the attackers are undoubtedly dishonest – Reuters Wrong motive: In both cyber
FDI ‘violations’: RBI, ED asked to take ‘necessary action’ on allegations against Amazon, Flipkart and Walmart – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/fdi-violations-rbi-ed-asked-to-take-necessary-action-on-allegations-against-amazon-flipkart-and-walmart/2162024/ At present, while the DPIIT formulates and notifies FDI policies, any violation of such rules is dealt under the penal provisions of the
‘Scam on Google’ costs Delhi man Rs 80,000: How India’s one of the most-common online fraud happens | Gadgets Now
Clipped from: https://www.gadgetsnow.com/slideshows/scam-on-google-costs-delhi-man-rs-80000-how-indias-most-common-fraud-happens/photolist/80037084.cms?utm_source=toiweb&utm_medium=referral&utm_campaign=toiweb_hptopnews ‘Scam on Google’ costs Delhi man Rs 80,000: How India’s one of the most-common online fraud happens A Delhi-based employee working in a
Ending the deadlock: The Hindu Editorial on farmers, reforms and stakeholders – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/ending-the-deadlock-the-hindu-editorial-on-farmers-reforms-and-stakeholders/article33466144.ece Reforms, however necessary, cannot be done without consultations with all stakeholders Farmers protesting against three agriculture reform laws, and on related issues, have reached
Loan apps scam: Cops arrest Chinese national, detects ₹21,000 cr worth transactions – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/loan-apps-scam-cops-arrest-chinese-national-detects-21000-cr-worth-transactions/article33464436.ece The fraud came to light when five borrowers committed suicide, unable to bear the harassment by the recovery agents. Online instantly loan app
Labour ministry issues guidelines for Atma Nirbhar Bharat Rozgar Yojana – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/labour-ministry-issues-guidelines-for-atma-nirbhar-bharat-rozgar-yojana/articleshow/80046682.cmsSynopsis The scheme was announced in November to incentivise formal job creation in the country and subsequently approved by the Cabinet in early December.
Video | ‘Need a dedicated SC Bench or Tribunal to resolve GST disputes’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/multimedia/video/knowledge-series/video-need-a-dedicated-sc-bench-or-tribunal-to-resolve-gst-disputes/article32707767.ece To tackle GST-related disputes, India must go in for a special Bench at the Supreme Court level or a dedicated GST Tribunal, S
DPIIT writes to ED, RBI over alleged violations by Amazon, Flipkart: CAIT | Deccan Herald
The Commerce Ministry has forwarded representations of alleged violations by Amazon and Flipkart to the Enforcement Directorate and the Reserve Bank for “necessary action”, according
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